1. Home
  2. Fidelity FETH

Fidelity FETH

Spot ETH and BTC ETFs Hit by Withdrawals, Losing $54.13M and $3.2M Respectively

Spot ETH and BTC ETFs Hit by Withdrawals, Losing .13M and .2M RespectivelyThe latest figures reveal that 12 U.S. spot bitcoin exchange-traded funds (ETFs) faced $54.13 million in net outflows on Thursday. Similarly, nine spot ether ETFs weren’t spared, as they saw $3.2 million pulled from their funds. Crypto ETFs Face More Losses On Oct. 3, 2024, the nine spot ethereum ETFs posted losses after enjoying gains […]

Trump’s Czar Proclaims the End of the ‘Reign of Terror’ Against Crypto

Mixed Fortunes for US ETH ETFs: Blackrock, Fidelity and Bitwise Thrive Amid Market Shifts

Mixed Fortunes for US ETH ETFs: Blackrock, Fidelity and Bitwise Thrive Amid Market ShiftsTwenty days have passed since the debut of U.S. spot ethereum exchange-traded funds (ETFs), encompassing 14 trading sessions to date. During this period, the overall net inflows have dipped to a loss of $405.94 million. Nevertheless, Blackrock’s ETHA and Fidelity’s FETH have witnessed significant gains. ETHA’s net inflows are approaching the $1 billion milestone, while […]

Trump’s Czar Proclaims the End of the ‘Reign of Terror’ Against Crypto

Grayscale Ethereum ETF outflows exceed $2B

While Grayscale’s spot Ether ETF experienced substantial outflows, other ETFs are showing different trends.

United States-based spot Ether exchange-traded funds (ETFs) saw significant movements on Aug. 2, with outflows from the Grayscale Ethereum Trust (ETHE) hitting $2.1 billion.

According to data from SoSoValue, the total net outflows from spot Ether (ETH) ETFs exceeded $54 million on Aug. 2. A significant portion of the outflows came from ETHE, which saw a single-day net outflow of over $61 million.

ETHE has been a prominent player in the market offering investors exposure to Ethereum without the need to directly purchase and store the cryptocurrency since 2017.

Read more

Trump’s Czar Proclaims the End of the ‘Reign of Terror’ Against Crypto

2.91 Million ETH Held by 9 Ethereum ETFs: A Reserve Overview

2.91 Million ETH Held by 9 Ethereum ETFs: A Reserve OverviewAlthough the data for Thursday’s ether exchange-traded fund (ETF) performance, concerning inflows and outflows, remains incomplete, it is evident that trade volume was marginally lower than the first two days. The funds currently hold slightly over $9 billion in ether, with about 2.91 million ether secured. Ether ETFs Manage $9.25 Billion in Reserves As of […]

Trump’s Czar Proclaims the End of the ‘Reign of Terror’ Against Crypto